$535,000 Price Analysis    ♡   Houston, TX 77026 4 bed 5 bath 3,669 SqFt ($145/SqFt) 0.34 acre lot. Built 1960 Listed 2024-05-04, Taxes $6,353 | Ⓧ USDA Ineligible due to location near Houston |
Investors wanted!
5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. Ths complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures.
Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1000 each/month and all are currently occupied. Si ngle home in the back rents for $1250/month. All units are fully occupied. Total rent for all 5 units $5350. Cap rate over 8% after expenses. No HOA. Dont miss this tremendous Investor opportunity. Please contact agent for current rental rolls and PandL statements.
Presented by Ron Cyriac at
Exp Realty LLC.
Property MLS #18673200 from Houston
Full Bathrooms: 5
Heating Features: Central Gas
Lot Size Source: Appraisal District
Lot Size Square Feet: 15000
Calculated Total Monthly Association Fees: 0
High School: KASHMERE HIGH SCHOOL
Middle School: KEY MIDDLE SCHOOL
School District: 27 - Houston
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Source Listing Status: Active
County: Harris
Directions: Get on I-69/US-59 N. take exit 134 to merge onto I-610 E. Take exit 21 toward Lockwood Dr/Hirsch Rd. Turn left toward N Loop E Fwy. Slight left onto N Loop E Fwy. Turn right onto Pickfair St. Homes will be on the left
Tax Year: 2022
Source Property Type: Multi-Family
Area: 2
Source Neighborhood: Kashmere Gardens Park
Parcel Number: 065-129-069-0616
Postal Code Plus 4: 1837
Subdivision: Kashmere Gardens Park
Property Subtype: Multiple Detached Dwellings
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $256,912 + $31,635 $288,547 | $6,353 |
| 2021 | $194,822 + $31,635 $226,457 | $5,277 |
| 2020 | $184,104 + $21,090 $205,194 | $4,923 |
| 2019 | $160,088 + $17,032 $177,120 | $4,289 |
| 2018 | $9,896 + $18,315 $28,211 | $713 |
| 2017 | $112,768 + $18,315 $131,083 | $3,311 |
| 2016 | $107,534 + $16,650 $124,184 | $3,140 |
| 2015 | $107,534 + $16,650 $124,184 | $3,148 |
| 2014 | $144,549 + $16,650 $161,199 | $4,143 |
| 2013 | $120,414 + $16,650 $137,064 | $3,507 |
| 2012 | $unknown + $unknown $137,064 | $3,790 |
| 2011 | $unknown + $unknown $137,064 | $3,466 |
| 2010 | $unknown + $unknown $137,064 | $3,790 |
| 2009 | $unknown + $unknown $137,064 | $3,784 |
| 2008 | $unknown + $unknown $137,064 | $2,211 |
| 2007 | $unknown + $unknown $84,637 | $538 |
$535,000
Houston
Listing removed 2024-05-02
$550,000
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Listed 2023-10-10
$550,000
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$500,000
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Listed 2023-08-31
$500,000
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$625,000
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Listed 2023-01-12
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Sold 2022-06-13
$0
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$174,900
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Listed 2009-10-07
$174,900
Houston
Operating Expense: 27000
Year Built: 1960
Building Exterior Type: Brick, Wood
Levels: 1
Living Area Source: Appraisal District
Property Age: 64
Roof: Composition
Levels or Stories: 1
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.